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Mana

Bearish short term but Bullish long termWe saw from my last analysis when I said we may revisit the $3.2 range. However, during the dumping time with BTC downside, and all senate talk about future of crypto, there are many things people have let it slide away. Decentraland just is the Patron of Blender Development Fund, the Blender is the major 3D model creator that is free for use by anyone under GNU. Meaning you can legally use the software to create any figures or anything and sell it without string attached to the Blender. If you saw the NFT hype, then you would need to understand the underlying violation of copyright and the right of usage of certain software to bale to make monetize out of it. It is basically a strong legal battle that surely uncle Sam/ big Coop will win if you accidentally use the crack software or non-commercial software to create the NFT for monetization. Blender is the one under GNU licencing which is free for most of the meaning of usage. So Decentraland is the supporter of Blender which facilitate the growth of NFT items in the metaverse. Decentraland just pumps out the Golf course in the Vegas City within Decentraland. Here not only you can gamble but practice your golf skill with your VR set. Decentraland can take any NFT to be put into their world. One of the main reasons for the Nov 30 run of MANA is because SAND items were ported into the Decentraland world and used for the festival event. And here we are at the spot where MANA is going lower than $4 after an attempt to go higher. I would consider this is a long position where the MANA might try to break the trend downward, but as it gets lower, it is a better price to accumulate for the next bull run! This is not financial advice, but my perspective of the current trend of Decentraland!
Long
by Haizsama
MANA (Decentraland): 10.DEC.2021 (HODL)Examining the #MANA , we see that the price has reached a strong support range and is one of the lowest risk cryptocurrencies on the market for investment. I suggest you have a personal review on it for buying and invest and if you already have it, I suggest you to keep it (HODL) . MANA Price Live Data The live Decentraland price today is $3.49 USD with a 24-hour trading volume of $985,615,790 USD. We update our MANA to USD price in real-time. Decentraland is down 4.51% in the last 24 hours. The current CoinMarketCap ranking is #27, with a live market cap of $6,375,120,502 USD. It has a circulating supply of 1,824,595,435 MANA coins and the max. supply is not available. Follow our other analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 10.DEC.2021 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Long
by ArmanShabanTrading
3
SANDUSDT (SANDBOX) : 10.DEC.2021 (HODL)Examining the #SANDBOX , we see that the price has reached a strong support range and is one of the lowest risk cryptocurrencies on the market for investment. I suggest you have a personal review on it for buying and invest and if you already have it, I suggest you to keep it (HODL) . SAND Price Live Data The live The Sandbox price today is $5.25 USD with a 24-hour trading volume of $1,630,667,641 USD. We update our SAND to USD price in real-time. The Sandbox is down 2.99% in the last 24 hours. The current CoinMarketCap ranking is #38, with a live market cap of $4,793,018,383 USD. It has a circulating supply of 913,364,619 SAND coins and a max. supply of 3,000,000,000 SAND coins. Follow our other analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 10.DEC.2021 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Long
by ArmanShabanTrading
9
MANA- ⛔Got to Know These levels! ⏫MANA, Decentraland has been feasting on the Metaverse Hype/future but again, price is volatile so we got to knwo the levels. Here is our updated chart with the levels you need to know. Please also take a look at competition (Sand, Blok, Metahero and others) and do your math. 3 Reasons to Buy Decentraland if you are a fool : Investors looking for exposure to the metaverse may want to consider Decentraland. Key Points Decentraland's status as a leading metaverse game could drive the adoption of MANA. Institutional investors are attracted to Decentraland's offering, creating big price movements. Decentraland's growth prospects may outweigh the risks for longer-term investors bullish on the metaverse. One Love, the FXPROFESSOR (The professor prefers SAND and Metahero)
Long
by FX_Professor
2
Bitcoin [BTC] - Decision Area! This will determine what's next..After dropping to this Support/Demand area... Bitcoin has hung around the past couple of days. If it was going to continue up, we would be out of this area by now. This is the time for Bitcoin to make a strong statement if we are going to continue up soon. If we keep hanging around this area... or worse... drop below the previous low on the dip, this could drag out for a couple of more weeks. Anyone who has been invested in crypto over the past year or longer understands how it goes.... HODL through the strorm.... diamond hands always prevail. Not financial advice.
Long
by TraderFromTheNorth
1
Mana throwback then bounce$mana #Decentraland Looks like $sand. Retest in progress and close above 4.1 would signal move to the upside with 49% to ATH potential. Possible path based on fib levels listed. —————————————————————————————— Top 10 trading tips: 1. DO NOT FOMO into PUMPs. 2. Set a strategy and be consistent. The more you use the same strategy with the same $$$ amounts, you will be able to identify the winning set ups quicker and you will need to win less trades to be profitable over time. 3. Let your winners run and cut your losers short. 4. You will not win every trade, but if you are disciplined with great RM you don't need to be right all the time to win! 5. Before you enter a trade, make you know your target (or take profit target and let the rest ride) AND your exit strategy. 6. When you are up, you can use a trailing stop or trim off some profit at a logical resistance point with a stop loss at breakeven. 7. It is hard to deal with emotions when trading, set parameters up front so you keep your self accountable. (stop loss, take profit levels, etc) 8. Don't fight the trend. The trend is your friend. 9. Use multiple indicators to confirm your TA on price action. 10. Only trade what you are willing to lose. It will be hard to trade without emotions. Please note: - This is not financial advice. - I do not take every trade I post. - Never trade off of someone else's chart until you DYOR!
Long
by DaCryptologist
3
$BTC Started to Fall Excatly as i predicted ...As we expected, the price has started to fall exactly according to the previous analysis ... The bearish targets are $ 47,700 and $ 46,500, respectively. Note that the two levels mentioned above are potential Reversal Zone (PRZ) , and if this support range is lost , the next targets will be $ 44,400 and $ 43,000 . Follow our other analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 09.DEC.2021 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
COINBASE:BTCUSDShort
by ArmanShabanTrading
7
MANA 30% move incomingHello all. There is no major change in mana chart since my last update so i will keep this short. Mana has formed a symmetrical triangle which is more vivd on the 4hr chart. This pattern has equal chances of breaking upside or downside. The apex of the triangle is very close, and will break on or around December 10th. Depending on BTC's performance, Mana will either break up towards the fib golden pocket, or retest the previous low. But what an over sold RSI we have on the daily. Makes me want to open more longs. Mana also trades above the purple resistance line of the descending channel and above the 50 day EMA. I see equal chances of breaking upside or downside so be cautious on this one. Check out my other charts on mana if you missed my previous updates. Thanks for reading, and stay tuned. Enjoy.
COINBASE:MANAUSD
by EdgarTigranyan
4
Decentraland Analysis [November 14, 2021]AB=CD pattern, Fibonacci retracement tool were greatly implemented in analyzing this one (1) day candlestick timeframe (TF) chart. The picture explains it all. AB = CD pattern & FIB are saying take profit around $6.6 zone. At carefully observing the price action, an almost concluded symmetric triangle and a bullish flag pattern can be seen in formation. Feel free to comment. Kindly note this is not a financial advice. As we know, the cryptoverse is a highly volatile world. Do your due diligence.
Long
by MaestroPee
MANAUSDT Price UpdateMANA after falling down as same as other cryptocurrencies right now I think it's ranging inside a symmetrical triangle. and we could go lower because in a bigger view we can see it forming falling wedge pattern and it can be the reason to break the triangle to the downside than to break it to the upside. and if this happens it will confirm the falling wedge pattern. till it holds the price above the support line. so based on these patterns we are likely to go down for short time and then go up.
by BlackWolf001
2
Will $ETH Reach to a new ATH ?Examining the #ETH chart in daily timeframe , we see that the price is still recovering more strongly than Bitcoin, and also that today it has reached an important level of resistance , which if this X-Point resistance breaks , we can expect the price to grow. Our Target Will Be $ 4700, $ 4890 and $ 5264, respectively. $ETH is currently trading at $ 4350 after falling to $ 3500 with a 25% increase . Follow our other analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 08.DEC.2021 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Long
by ArmanShabanTrading
3
$Mana correction, consolidate then pumpHi / Hola So, here's my take on Mana, took some profit at the top, looks like it is losing momentum, if $4.5 -$4.6 is lost then we are in for a pull back first to 4.20 then to 3.5-3.6 After that I think it need to consolidate a bit before a new pump to ATH looking for at least $6.5 Let's see how things develop ---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Aqui mi opinon sobre Mana, tome ganancias en el top, ahora parece que esta perdiendo momento si se pierde $4.5-$4.6 caera primero a 4.20 despues a 3.5-3.6. Despues de eso creo que debe consolidar un poco antes de un nuevo pump para su ATH dond espero de menos alcance $6.5 Trade Safe and have a great week / excelente semana a todos!
Short
by Saa_gas
The chart said Bullish for MANAHi guys! I hope you guys took advantage to buy some more when it was dipping in the past 6 days. With the previous history data for the MANA chart, All bearish downtrends with a breakout would most likely guarantee a strong bullish movement to break the previous ATH. If the previous ATH is at $4.9, the MANA price would drop as low as $2.2 which is 55.1% of the original ATH and a strong Bullish movement started to take shape as we have seen in 4 consecutive movements (1,2,3,4). The Current ATH is $5.89 which would lead to a drop to $2.5 which is a 57.6% drop from the original ATH. This is way lower than the percentage of the previous drop which was supposed to be $2.8 (the RSI shown unprecedented bottom in red circle). I think this is caused by the BTC effect, which would facilitate the dip back to the original affordable range for more accumulation within 1 bearish movement instead of 2 movements. The question here is that would the market psychology agree with this flash crash or would it require a longer sideways before it can break the trend? Most likely I think it has already broken the trend, however, we still need to see the leg of this parabolic curve (labeled yellow). If the leg is much lower than the $3.3 then most likely the trend would try to retest the $2.8 range which is correct with the trend without the BTC effect. However, if the leg is much higher than $3.3, then we are most likely seeing a very strong breakout for the next Bullish run! Remember to be fearless when people scare and be scared when people are greedy! This is not financial advice but my perception of the current market movement!
Long
by Haizsama